🟢 Teradyne Inc. is trading 4.1% up on $140M Air Force contract win

Teradyne Inc. is trading 4.1% up at $361.80 in pre-market action after the company secured a major government contract.

• The U.S. Department of War awarded Teradyne a $139,903,994 firm-fixed-price requirements contract for versatile diagnostic automatic test station kits.
• Work will be performed at Robins Air Force Base, Georgia, and is expected to be completed by June 12, 2031.
• The contract was a sole-source acquisition, with the Air Force Sustainment Center as the contracting activity.